Is West Beaverton, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Beaverton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Beaverton has remained a Seller's Market.

Key Takeaway

West Beaverton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West Beaverton, OR

How much do homes in West Beaverton, OR cost?

Median Sold Price

$542,400

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,900(+3.8%)

Key Takeaway

Homes in West Beaverton have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in West Beaverton was $542,400 in November 2024, up 3.8% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$360K
+53.2%
2 $369K$332.5K
-9.9%
3 $522.5K$534K
+2.2%
4 $644K$652K
+1.2%
5+ $752.3K$717.5K
-4.6%

Summary: West Beaverton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.2%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 4.6%.

Housing Supply in West Beaverton, OR

How many homes are available in West Beaverton, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3125-19.4%

Summary: The West Beaverton real estate market had 25 homes for sale in November 2024, a 19.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1612
-25.0%
4 78
+14.3%
5+ 21
-50.0%

Summary: The West Beaverton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Beaverton, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in West Beaverton in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for West Beaverton, OR

How long does it take to sell a home in West Beaverton, OR?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days38 Days+43.8%

Summary: Homes in West Beaverton had an average of 38 days on market in Nov 2024, up by 43.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Beaverton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in West Beaverton; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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